1294 Bushwick Avenue

Development Site at 1294 Bushwick Avenue Attempts a Flip After One Year

Brownstoner reports the vacant lot at 1294 Bushwick Avenue, in southern Bushwick, as well as the three-story townhouse at No. 1296, are on the market as a development site for $1.25 million. The site is pre-approved for two buildings and a total of six units — the existing townhouse is to be kept and expanded under approved plans. An LLC had acquired the two lots for only $605,000 last year in April.

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1702 Newkirk Avenue

16 Residential Units Coming to 1702 Newkirk Avenue in Flatbush

An LLC has filed applications for a four-story, 16-unit residential building measuring 15,800 square feet at the lots 1702-1706 Newkirk Avenue, in southern Flatbush. Richard J. Walsh, of Citiscape Consulting LTD, is the architect of record, and an existing three-story wood-framed structure must first be demolished.

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855 6th Avenue

Nike Leases Office Space at Durst’s 855 6th Avenue, in Midtown

Crain’s Business reports Nike has leased 147,000 square feet of office space at the Durst Organization’s 42-story, 570,000 square-foot mixed-use building at 855 6th Avenue, in Midtown South. The third through sixth floors will by occupied by Nike, and their lease will include the 15,000 square-foot outdoor deck. The building was revealed by YIMBY in 2014, and completion is expected in early 2016.

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